China Resources Medical Holdings Co (DE:1PH) has released an update.
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China Resources Medical Holdings Co. reported a rise in profit for the first half of 2024 compared to the same period in 2023, with earnings per share increasing from 0.31 to 0.34 yuan. Despite a slight decline in revenue, the company’s cost-cutting measures appear to have been effective, with reduced finance costs and lower selling, distribution, and administrative expenses contributing to the improved bottom line. The overall financial health of the company seems to be strengthening, as indicated by the unaudited consolidated results.
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